G’day All,
Quick chart for Seek.
Broke out of the trading channel in Feb and now looks to be forming a decending triangle, the MACD looks to be in a down turn as well. If it does break down it could maybe end up back in the channel? But maybe more likely for the top line to become the new support line? Maybe a buying opportunity, if it breaks down and holds above the top line.
This is just my opinion and please remember I’m quite new at T/A so I’ve really got no idea, lol. Any feedback would be appreciated.